Security Incident · Exchange
Edel Finance Smart Contract Vulnerability: $403.00K Reported Loss
Edel Finance lending protocol was exploited via wGOOGLx wrapped token exchange rate manipulation.
- Reported loss
- $ 403,000
- Attack category
- Smart Contract Vulnerability
Incident Overview
The attacker used flash loans in repeated deposit/borrow loops to inflate wGOOGLx collateral value ~78x, then borrowed assets, creating ~$403K bad debt.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.